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English definition of “recoverable”

recoverable

adjective
 
 
/rɪˈkʌvərəbl/
LAW, FINANCE relating to money that can be got back after it has been paid, spent, taken by someone, etc.: Removal expenses might be recoverable if you have to move to a different area in order to find work.
NATURAL RESOURCES used to describe the amount of oil, coal, etc. that can be taken from a particular place: Prudhoe holds 12 billion recoverable barrels.
(Definition of recoverable from the Cambridge Business English Dictionary © Cambridge University Press)
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